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Dennis Rowland, managing director of Strategic Minerals PLC (AIM:SML) subsidiary Cornwall Resources, developing the Redmoor tungsten, tin and copper project in Cornwall, spoke with Proactive's Stephen Gunnion about the latest drilling results.
Drilling has passed 7,500 metres across 13 holes, with three rigs now operating on site. The programme is on time and within budget, targeting the conversion of inferred resources into indicated resources while testing the potential to expand the deposit.
Rowland said early results from the tungsten-rich eastern zone had confirmed expected higher-grade mineralisation, with grades consistent with previous findings.
A notable development is the first visual identification of the Sheeted Vein System extending into the underlying granite, with tungsten and copper mineralisation observed. Further intersections could open up the potential to extend the resource at depth.
Drilling is expected to continue until Christmas, then resume in the first half of 2027. Upcoming milestones include further assay results, phased resource updates and metallurgical testwork, with the first samples due to be sent to Germany in the new year.
Visit the Proactive YouTube channel for more company interviews and market updates. Give this video a like, subscribe to the channel and enable notifications so you don't miss future content.
Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy
#CornwallResources #RedmoorProject #Tungsten #Copper #Tin #CriticalMinerals #TungstenMining #MineralExploration #InfillDrilling #ResourceExpansion #MiningStocks #JuniorMining #ProactiveInvestors
Drilling has passed 7,500 metres across 13 holes, with three rigs now operating on site. The programme is on time and within budget, targeting the conversion of inferred resources into indicated resources while testing the potential to expand the deposit.
Rowland said early results from the tungsten-rich eastern zone had confirmed expected higher-grade mineralisation, with grades consistent with previous findings.
A notable development is the first visual identification of the Sheeted Vein System extending into the underlying granite, with tungsten and copper mineralisation observed. Further intersections could open up the potential to extend the resource at depth.
Drilling is expected to continue until Christmas, then resume in the first half of 2027. Upcoming milestones include further assay results, phased resource updates and metallurgical testwork, with the first samples due to be sent to Germany in the new year.
Visit the Proactive YouTube channel for more company interviews and market updates. Give this video a like, subscribe to the channel and enable notifications so you don't miss future content.
Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy
#CornwallResources #RedmoorProject #Tungsten #Copper #Tin #CriticalMinerals #TungstenMining #MineralExploration #InfillDrilling #ResourceExpansion #MiningStocks #JuniorMining #ProactiveInvestors
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